Insurance Solutions

​We work to provide the best insurance solutions at the lowest possible cost. That’s why we have strategic partnerships with top insurance providers. This allows us to find the right plan to meet your specific business needs. 

Workers' Compensation

Letter from NYSIF to Policyholders re: Covid-19 Outbreak
We realize the restaurant industry has been hit especially hard. Therefore, NYSIF will be suspending cancelations, late fees, interest and installment fees on your policy. We want to ensure that you maintain full coverage without assuming additional financial burden at this time. Read full letter HERE.

Safety Group 505 was created by NYSRA members in conjunction with the New York State Insurance Fund (NYSIF). The purpose of the Safety Group is to provide premium savings to policyholders and to promote a safe work environment.

• Safety Group 505 paid members a 25% dividend for 2019.
• Average annual premium savings of 40-45% through lower upfront costs and annual dividend.
• Members have received dividends for 34 consecutive years – totaling over $100 million!
• Free training resources on dozens of workplace safety topics available through NYSIF.
• To be eligible for this program you must meet NYSIF underwriting guidelines. Most NYSRA members meet the guidelines. 

For more information or a free Workers' Compensation quote, contact Kevin Cook at 800.452.5212 or kevinc@nysra.org.

Disability Insurance

Chances are you will have an employee that requires some form of disability benefits, either due to a non-work related injury, an illness or medical condition. Providing disability insurance is mandated by New York State.  We have put together a highly competitive program for members. 

• SINGLE RATE regardless of number of employees or gender – typical plans charge more for women and based on number of employees.
• Enhanced coverage options available beyond state limit of $170/week.
• Quick and easy one-page application: Disability Insurance Enrollment Form
• Premium payments can be made online. 

Voluntary Supplemental Benefits

Voluntary supplemental insurance has become more relevant and necessary as a benefit to help recruit and retain employees. We have worked closely with several insurance carriers to offer members the following programs:

• Group Health Insurance
• Group Dental Insurance
• Group Vision Insurance
• Group Life Insurance

We will work with you to find the right plan to meet your needs. 

Group Accident Insurance
No medical plan required. 

Accidents can hurt financially as well as physically. When your employees or their family members are injured, accident insurance can help pay expenses that other insurance won't cover. NYSRA has worked with The Standard Insurance Company of New York to offer members Group Accident Insurance.
Advantages of Accident Insurance:

• Pays benefits following treatment for a wide range of accidents - from minor to catastrophic. 
• Lump sum benefits paid directly to employee.
• Youth Organized Sports benefit pays an additional 25% of total benefits paid - included with Employee + Child(ren) and Family coverage. 
• Hospitalization, ER and physician office visits are included, as well as more than 100 other benefits, including Accidental Death & Dismemberment. 

for more information and to enroll

Specified Disease Insurance
No medical plan required. 

Specified Disease Insurance provides employees with a valuable enhancement to their benefits. This coverage helps cover the unexpected costs of a major illness - regardless of other insurance coverage. This coverage is provided to members through The Standard Insurance Company of New York.
Advantages of Specified Disease Insurance:

• Covers seven specified diseases.
• Lump sum benefits for each covered specified disease diagnosis, without restrictions on use. 
• Dependent children automatically covered at 25% of employee's coverage amount. 
• Employees can increase coverage at subsequent enrollments as needs change. 

for more information and to enroll

FREE Pharmacy Discount Card

The Pharmacy Discount Card helps your employees save an average of 40% on all FDA-approved prescription medications, and is available whether you have insurance or not. Many people with insurance find the Pharmacy Discount Card sometimes provides a lower cost than their co-pay. 

• Accepted at more than 62,000 pharmacies nationwide, including most national drugstore chains.
• No exclusions apply – there are no deductibles, medical history exclusions, limitations or maximums. 
• No fees or forms for this program. 
• Claims are processed by OptumRx and privacy is protected.
• Pre-activated card, can be downloaded and used immediately. 

For more information on Disability, Voluntary Supplemental Benefits, Group Accident, Specified Disease or FREE Pharmacy Discount Card, contact Curtis Robinson at 800.452.5212 or curtisr@nysra.org.